Silver prices keep recovery gains from $26.29 to stay firmer above $27.00. Bullish MACD, successful break of key HMA favor buyers. Sellers look for a daily closing below $26.00 for fresh entries. Silver prints 0.23% gains while taking rounds to $27.07 during the early Friday. In doing so, the white metal keeps its upside break of 200-HMA while targeting a descending trend line from Tuesday. Other than the sustained strength beyond the key HMA, the MACD also flashes bullish signals to propel silver prices towards $27.20 immediate upside barrier. Should the bulls manage to cross $27.20, $27.50 and the mid-September top near $27.65 could lure the bulls before highlighting the monthly high close to $28.90. Alternatively, a downside break of the 200-HMA level of $26.96 can take rest near $26.70 ahead of revisiting Thursday’s low around $26.30. However, there are multiple supports near $26.00, followed by the monthly low near $25.85, to challenge the sellers below $26.30. Silver hourly chart Trend: Further recovery expected FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: In bullish consolidation around 1.1850, US data eyed FX Street 1 year Silver prices keep recovery gains from $26.29 to stay firmer above $27.00. Bullish MACD, successful break of key HMA favor buyers. Sellers look for a daily closing below $26.00 for fresh entries. Silver prints 0.23% gains while taking rounds to $27.07 during the early Friday. In doing so, the white metal keeps its upside break of 200-HMA while targeting a descending trend line from Tuesday. Other than the sustained strength beyond the key HMA, the MACD also flashes bullish signals to propel silver prices towards $27.20 immediate upside barrier. Should the bulls manage to cross $27.20, $27.50 and the mid-September… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
